What does that mean? Well, fossil fuels, nuclear power, even coal will likely be relevant in the years ahead. It also helps in the meantime that the Republicans have a clear shot to gaining serious political power. They're not exactly anti-hydrocarbons. With that in mind, below are high-growth energy stocks to consider. When it comes to green solutions, Chevron (NYSE:CVX) isn't exactly perched at the top of the list. However, when it comes to high-growth energy stocks, CVX deserves consideration. Sure, it's ...

Table of Contents As of March 31, 2024, the if-converted value of the 2028 Convertible Notes exceeded the principal amount by $76.3 million. As of March 31, 2024, the 2024 Credit Agreement had only been utilized for letters of credit, including $99.0 million outstanding as of March 31, 2024. These letters of credit support the Company's reclamation bonding requirements, lease obligations, insurance policies and various other performance guarantees as further described in Note 12. "Financial Instruments and ...

Financial Data and Key Metrics Changes - The company recorded net income attributable to common stockholders of $40 million or $0.29 per diluted share and adjusted EBITDA of $161 million in the first quarter [1] - An estimated $18 million non-cash remeasurement charge was included in the results due to the weaker Australian dollar [1] - Operating cash flow for the quarter was $120 million, with capital expenditures of $61 million, over half dedicated to the Centurion project [96] Business Line Data and Key Metrics Changes - The Seaborne Metallurgical segment generated $48 million of adjusted EBITDA, with average realized pricing lower than anticipated due to mining lower quality coal seams [2] - Seaborne Thermal recorded $94 million of adjusted EBITDA, with shipments exceeding expectations by 100,000 tons [67] - The PRB mines shipped 18.7 million tons, generating $16 million of adjusted EBITDA, with costs at $12.74 per ton, higher than expected [68] Market Data and Key Metrics Changes - Asian thermal coal imports are expected to remain robust, with a year-over-year increase of approximately 15% in first quarter Seaborne Thermal coal imports [53] - Coal power accounted for over 40% of generation in the MISO and SPP regions in January 2024, highlighting coal's importance for grid reliability [54] - Newcastle coal traded within a range of $120 to $135 per ton during the first quarter, influenced by low natural gas prices [60] Company Strategy and Development Direction - The company continues to take steps to deliver long-term value, including the acquisition of Wards Well and ongoing development at Centurion [5][64] - The company is committed to a diverse energy mix, including coal and renewables, to ensure energy security and affordability [11] - The company aims to be flexible in its shareholder return program, with a focus on long-term value and durability [103] Management's Comments on Operating Environment and Future Outlook - Management noted challenges in the first quarter due to unforeseen production issues in Australia and low natural gas prices impacting thermal coal shipments in the U.S. [52] - The company expects significant cash flow opportunities in the second half of the year, reaffirming full-year guidance despite challenges [70] - Management expressed confidence in the operational outlook, citing strong customer demand and a recovery in the PRB market [111] Other Important Information - The company has completed the balance sheet initiatives aimed at pre-funding 100% of its global reclamation liability [74] - The recruitment for the Centurion mine development workforce is complete, with expectations for the first longwall coal in early 2026 [95] - The company repurchased 3.2 million shares, or 3% of shares outstanding, under its existing $1 billion share repurchase program [96] Q&A Session Summary Question: Impact of new EPA regulations on domestic business - Management believes the majority of EBITDA comes from the seaborne platform, with no near-term impacts expected from the new EPA regulations [76][78] Question: Update on Centurion project and shipping plans - The company expects to ship development coal from Centurion in the second quarter, with contracts already in place [90][130] Question: Cash flow implications and share buyback flexibility - Management indicated that cash flow may be negative in the second quarter due to significant cash usages, but they remain flexible regarding share buybacks [112]

Peabody Energy (BTU) came out with quarterly earnings of $0.30 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.69 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this coal mining company would post earnings of $1.41 per share when it actually produced earnings of $1.33, delivering a surprise of -5.67%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Peabody Energy, ...

| --- | --- | --- | |-------|---------------------------------------------|-------------| | | Mar. \n2024 \n(Dollars in millions) | Dec. \n2023 | | $ | 119.0 $ | 1,035.5 | | | (75.2) | (342.6) | | | (18.5) | (59.0) | | | (29.7) | 90.2 | | | — | — | | $ | (4.4) $ | 724.1 | (2) Media Release ST. LOUIS, May 2, 2024 – Peabody (NYSE: BTU) today reported net income attributable to common stockholders of $39.6 million, or $0.29 per diluted share, for the first quarter of 2024, compared to $268.5 million, or $1.68 ...

The market expects Peabody Energy (BTU) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 2, 2024, might help the stock move higher if these key numbers are bett ...

Peabody Energy (BTU) is scheduled to release first-quarter 2024 earnings on May 2 and unveiled some details of the upcoming release. The company expects its first-quarter revenues to be $980 million, while the Zacks Consensus Estimate for the same is pegged at $1.01 billion. Peabody expects its income from continuing operations, net of income taxes, of $45 million and adjusted EBITDA of $160 million.Q1 Shipment DetailsPeabody mentioned that its seaborne segment shipment volumes are in line with expectations ...

The Zacks Coal industry stocks, are suffering due to a decline in the use of coal in thermal power plants in the United States. In 2024, the demand for coal will be adversely impacted by the planned retirement of coal units and the utilization of more renewable sources for electricity generation. The ongoing energy transition, with utility operators steadily phasing out coal units, may hit the coal industry. Then again, the continuing conflict between Russia and Ukraine is creating fresh demand from Europea ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________ FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-16463 | --- | --- | --- | |-----------------------------------------------------------------------------------------------------|-------- ...

Peabody Energy Corp (NYSE:BTU) are down 1.4% at $24.78 at last check, but sport a 16.4% nine-month lead, despite struggling with a ceiling at the $27.50 level for much of the past year. The equity is today on track for its third consecutive daily loss, but this pullback may soon have bullish implications, as it has placed BTU near a trendline that has served as a catapult before. Peabody Energy stock is within one standard deviation of its 50-day trendline. Per Schaeffer's Senior Quantitative Analyst Rocky ...